As we passed from 2012 into 2013, conditions in the U.S. surety market appeared to be a relatively quiet. Sureties and contractors alike seem to have adjusted their operations so that most are enduring, several are struggling and a few are thriving. Certainly...

The preliminary 2011 surety industry results once again shattered many of the “crystal ball” predictions, as significant surety losses failed to materialize. On the surface, the recent meetings between Lockton’s National Surety Team and top industry...